That's about 14% of your annual income, not 25%.Is it wise to self-manage?

Can you afford to give up that income that you are netting from the STR?

Hey all BiggerPockets 🖐️Getting started in real estate investing, especially in the realm of land flipping, is something I am very excited about.I'm eager to put my money and effort into it and turn this into my business and possibly make it my main income source.Would love any recommendations on finding a mentor to guide me through the land flipping process.Thanks all!

Selling the property offers a significant cash sum, enabling you to potentially diversify your STR portfolio by purchasing multiple properties outright, fostering a more passive income stream.

Are you looking for long-term wealth accumulation, passive income streams, or short-term profits?

My wife is about to go back to school so she will not be contributing income as well as she will be tacking on a lot more debt to her initial student loans.

The owner doesn't need to show alot of additional income for tax purposes but wants to sell the house.  

For an annual lease at market rent, this would amount to $2720 per year.

I profit around $1,500-$2,000 a month off rental income after expenses.

more units mean more income and generally not 2X the price.